Form 4: Apple Hospitality REIT Executive Reports Stock Transaction

Karen Catherine Gallagher, SVP & Chief Operating Officer of Apple Hospitality REIT, reported a gift of 1,600 common shares.

Summary

• Karen Catherine Gallagher, a Senior Vice President and Chief Operating Officer at Apple Hospitality REIT, filed a Form 4.
• The filing reports a transaction on November 13, 2024, where 1,600 common shares were gifted to her.
• The transaction was a gift, so the price per share was $0.
• Following the transaction, Ms. Gallagher directly owns 318,220 common shares of Apple Hospitality REIT.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would be considered positive or negative from an investment perspective. It is a neutral event.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. This filing is specific to an executive at Apple Hospitality REIT.

Comparison to Industry Standards

• Form 4 filings are standard practice for all publicly traded companies in the US.
• The reporting requirements are set by the SEC and are consistent across all companies.
• The transaction itself, a gift of shares, is not unusual as part of executive compensation packages.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a gift of shares to an executive and does not change the total number of outstanding shares.

Key Dates

Keywords

Form 4, insider trading, stock transaction, Apple Hospitality REIT, APLE, Karen Catherine Gallagher, executive compensation, share ownership